๐ 3 numbers weighing on $BTC at the US open: 5.33%, 74, 17
1๏ธโฃ 5.33%: US 10Y yield, near its 2007 high
2๏ธโฃ 74: ISM services prices, highest since March 2025
3๏ธโฃ 17: months since the euro was this weak (French gridlock)
โข BTC $85,210, โ1.0% since the open ยท Nasdaq +0.7%
โข Top gainer today: $GTC +71%
๐ฏ My take: 10Y over 5.3% caps risk; BTC needs $86K back, $83,888 is the floor
๐ฌ Bonds or crypto: which one blinks first this week? ๐
#Macro #Bonds #Bitcoin
1๏ธโฃ 5.33%: US 10Y yield, near its 2007 high
2๏ธโฃ 74: ISM services prices, highest since March 2025
3๏ธโฃ 17: months since the euro was this weak (French gridlock)
โข BTC $85,210, โ1.0% since the open ยท Nasdaq +0.7%
โข Top gainer today: $GTC +71%
๐ฏ My take: 10Y over 5.3% caps risk; BTC needs $86K back, $83,888 is the floor
๐ฌ Bonds or crypto: which one blinks first this week? ๐
#Macro #Bonds #Bitcoin